iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Welcome to Your June Champagne Lifestyle!

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One of the few times that I have ever seen Woodshedder act in a manner unbecoming of a southern gentleman was roughly two years ago, when he taunted poor Jason Treu in the comments section of his inaugural post that some of his party photos would wind up on the site: “Hot Chicks with Douchebags.” While it appears that the iBankCoin community (circa summer of 2009) deemed it appropriate to tar and feather Mr. Treu in town square, I suggest you all show alpha male Oracle CEO Larry Ellison a tad more respect.

You see, according to The PPT algorithm, ORCL is by far the most impressive stock in terms of June seasonality performance. With a huge data sample of the stock being up 19 out of the past 23 times in June, for a staggering average return of 10.15%, it would behoove you to understand why Mr. Ellison rides around in his yacht, sipping champagne.

Taking a look at the weekly chart for practical application, the bullish June thesis makes sense. We have a steady uptrend that remains intact and has consolidated in the form of a bull flag over the past month. I like Oracle on any strength here.

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13 comments

  1. Jakegint

    I think Tom Cruise may have been playing Larry in that Tropic Thunder flick.

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  2. Woodshedder

    Treu, indeud.
    A most auspicious time in the anals of iBC history.
    I was most assuredly on a roll, treuly. Chess, you are too much! Good times and good laughs tonight resulted from me pulling up that history!

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    • chessnwine

      LoL. How about DPeezy’s comment about the guy wearing the “horny” helmet?

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    • chessnwine

      This is your best line, Wood: “Ed Hardy says, “I might kick your ass,” while blazer says, “I just won the senate seat on a technicality.”

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  3. Yogi & Boo Boo
    Yogi & Boo Boo

    The Internet – The gift that keeps on giving. Truely.

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  4. HalfBloodPope

    Having the PPT taken my virginity no more than than 3 months earlier, I am only just starting to understand its greatness. Note my 5/26/11 post on ORCL. Keep up the great market recaps.

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  5. Spooky

    Nice post, Chess. By the way, I’m considering 12631. Where’s the link to sign up? Can’t find it.

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